Lifestyles Unlimited, the nationally renowned Education and Mentor Group for Real Estate Investing, congratulates member Ira Gross.

Ira has been selected the 2011 National Apartment Association Independent Owner of the Year, 101-500 units category. Mr. Gross joins a fine group of elite owner-operators from Lifestyles Unlimited who have received this coveted award.

Ira is a member in good standing with Lifestyles for more than six years. During that time, he has successfully purchased with his partners two apartment complexes, one in Stafford, TX and the other in southwest Houston. The first property, 175 units, which was submitted for this award, has had total returns of more than 150% to the partners. Mr. Gross had no prior experience in the apartment business and joined Lifestyles Unlimited for mentoring and guidance from founder Del Walmsley and VP of Acquisition, Broker, David Fantin. Ira also receives support from other members who are owner-operators.

In 2009, Ira was awarded the Houston Apartment Association Independent Owner of the Year.

Cash Flow Game Night
May 27th, 2010
6:30 pm – 9:00pm
2700 NE Loop 410 Suite#600
San Antonio, TX. 78217

Come out and network with over 800 members in the Central Texas Area.
Enjoy playing Cash Flow – Games/Instructions will be provided
This is also a cocktail event, so drinks and snacks will be provided.

For more information call 210.787.2235

The Austin Business Journal shares a Grubb & Ellis Co. report naming Austin the best place to invest in commercial real estate.

Although said to have not yet bottomed out, “most property types will reach bottom pricing near the end of 2010.”

Houston made the 6th spot on the top 10 list for long term investments, the only other Texan city to do so.

The report asserts that a more stable market, following the 2009 “free fall,” will lead to greater assurance for investors and increased sales in 2010.

Click here to read the full article.

Texas Real Estate reports on the three constitutional amendments and one proposition recently approved to revise the appraisal process and eminent domain.

The reforms, benefiting Texan property owners, should make for a “fairer system.”

The article outlines each proposition with propositions 2 and 3 concerning appraisals, and propositions 5 and 11 affecting the exercise of eminent domain.

Click here to read the entire article at texasrealestate.com.

It gave me chills to read that BusinessWeek put 5 Texas cities it it’s Top 10 Strongest Economies in America.

The article citied a steady real estate market that never got “too hot or too cold”.

BusinessWeek.com used research from the Brookings Institutions new MetroMonitor to rank the nations top 40 strongest economies. Texas dominated the list:

#1 San Antonio, TX
#2 Austin, TX
#3 Oklahoma City, OK
#4 Little Rock, AR
#5 Dallas-Fort Worth, TX
#6 Baton Rouge, LA
#7 Tulsa, OK
#8 Omaha, NE
#9 Houston, TX
#10 El Paso, TX

Click here to read the entire article at BusinessWeek.com and click on each city to read what they wrote about each city.